The United States became a victim of a substandard loan crisis over one decade ago. The amount of moral hazard and adverse selection in the mortgage industry were alarming. However, many individuals chose to profit off this calamity and were Read more…

Many people dream about living a carefree life and not having to worry about money and paying bills. They usually try to justify their financial insecurity with the fact that their paychecks aren’t big enough, or that their living expenses Read more…

I don’t think there’s anybody out there who hasn’t heard about the digital currency Bitcoins. Bitcoin was invented by a programmer whose identity remains unknown or a group of programmers who made it under the name Santoshi Nakamoto and then Read more…

Principles mean general guideline of a firm to perform its activities. The principles of financial management are discussed as follows — The principle of risk-return trade-off: Risk and return are closely related with each .other. More risk, more return is Read more…